Blog

Property taxes are handled a bit differently when buying a new home and how they are handled depends on the time of year and whether or not the annual invoice has been paid by the Builder yet. Read More

The Canada Mortgage and Housing Corporation announced a tightening of its underwriting criteria on Thursday. In this article, we will cover what these changes will mean to you, the importance of credit when buying a home, how to boost your credit score, and other great tips on how to qualify… Read More

There’s a lot to think about when it comes to buying a new home, but one of the first things you’ll need to figure out is the down payment. You’ll need to come up with this before the home-buying process can begin. Read More

The COVID-19 crisis has changed so much of everyday life that it’s hard to believe some things are carrying on as normal. You’re concerned about everything going on in the world around you, but the bills still need to be paid. Read More

Canada’s big banks announced this week that those struggling due to the COVID-19 crisis will be able to defer their mortgage payments for up to six months. The deferral will be granted on a case-by-case basis to assist those disrupted by the COVID-19 pandemic. Every situation will be quickly assessed by customer service representatives to come up with a solution that works for each borrower, which may include deferring mortgage payments up to six months. Read More

One of the most important aspects of the home-buying process is knowing what to expect. The thought of buying a home can be daunting, and you don’t want to be taken by surprise with any unexpected fees. Read More

If you’ve just moved to Canada, you probably still have a bank account with money in it back in your home country. Once you’ve settled down, you want to bring that money with you. There are a few options for doing this, and some of them can be expensive. Learn more about your options and what you need to watch out for. Read More

Saving up a down payment can be one of the biggest challenges keeping you from achieving your goal of home ownership – but we have good news! There is a new program recently introduced by the Government of Canada, First Time Home Buyer Incentive Program (link to official website), or FTHBI, that will assist you and others looking to buy their first home! Read More

As you set out on your search for the perfect match in a new home, you’re also looking for a partnership with an experienced mortgage lender. As we all know, mortgages last a long time so you want to choose a lender that will suit your needs, both now and for the years to come. Read More

Every month you pay your mortgage, you increase the equity in your home. Over time, this means that you have tens or even hundreds of thousands of dollars in equity. Ultimately, you will get that money when you sell your home, but most people are also able to access up to 65 percent of the equity they have in their home through a home equity loan or a home equity line of credit (HELOC). Read More